106
106
Nov 22, 2012
11/12
by
CURRENT
tv
eye 106
favorite 0
quote 0
you are a tax-paying citizen. you are contributing and giving back, and, you know, maybe there's a lesson there for others who are contemplating just for everybody who is watching as i mentioned i commuted almost 200 sentences, only one person of those 2 00 has recidivated, and that was some guy stealing a pig trough in a barn, and all of the rest are out there, and working, and trying -- trying to live, and it's much better than paying $35,000 a year keeping them in prison. toni bunton thank you for joining us in "the war room." up next we have seen how individuals can pick up the pieces in the face of tragedy and loss. but what about an entire city? we'll be right back. politics to current tv. >> it's like a reality show, they're just turning cameras on and we just do our thing. >>politically direct to me means no b.s., the real thing, cutting through the clutter. i'm energized to start my show everyday because it's fun, because i care about what's going on in this country, rather than some sort of tired banter
you are a tax-paying citizen. you are contributing and giving back, and, you know, maybe there's a lesson there for others who are contemplating just for everybody who is watching as i mentioned i commuted almost 200 sentences, only one person of those 2 00 has recidivated, and that was some guy stealing a pig trough in a barn, and all of the rest are out there, and working, and trying -- trying to live, and it's much better than paying $35,000 a year keeping them in prison. toni bunton thank...
115
115
Nov 21, 2012
11/12
by
CURRENT
tv
eye 115
favorite 0
quote 0
no new taxes pledge. grover norquist's pledge. but now with the fiscal cliff looming, lawmakers who were once staunchly against raising revenues seem to be changing their tone a little bit. and grover norquist's influence may be fading fast. >> fewer and fewer people are signing this pledge. >> the pledge is dead. >> i'm not saying it's dead but i am saying the majority of members of congress see the fiscal cliff we want to sit down and we want to get something worked out. >> if you appropriate some of the money you achieved by eliminating deductions and loopholes to the national debt, even though that may technically violate the pledge, sign me up. that's a reasonable accommodation for a republican to make. >> jennifer: for the record, that was senators john mccain and lindsey graham so the question is this grover norquist's last stand? here with an answer is donnie fowler. donnie of course, democratic strategist and great political operative. welcome back into "the war room." is it grover norquist's las
no new taxes pledge. grover norquist's pledge. but now with the fiscal cliff looming, lawmakers who were once staunchly against raising revenues seem to be changing their tone a little bit. and grover norquist's influence may be fading fast. >> fewer and fewer people are signing this pledge. >> the pledge is dead. >> i'm not saying it's dead but i am saying the majority of members of congress see the fiscal cliff we want to sit down and we want to get something worked out....
98
98
Nov 29, 2012
11/12
by
CSPAN2
tv
eye 98
favorite 0
quote 0
tax and spend, not taxes to reduce deficits. taxes to fund new spending. that's why the budget, it puts us on track to have $25 trillion in total debt at the end of ten years, another almost $10 trillion in debt headed to the current debt level. so insofar as i can see, that tax-and-spend policy remains his goal today. the white house isn't planning to raise taxes to reduce the deficit, raise taxes under their plan to expand government. and that's not -- i don't believe congress will accept such a deal if that's what's going on in the secret negotiations. president obama campaigned on tax increases just on the wealthy, just on raising their rates, just only $800 billion in tax increases. but now the white house is demanding $1.6 trillion in tax increases. don't the american people have a right to see where those taxes fall, who this will impact and how much they are? shouldn't the president lay out his plan? the president of the united states, the only person who represents everybody in the country, will that remain a secret? will it just be revealed to us
tax and spend, not taxes to reduce deficits. taxes to fund new spending. that's why the budget, it puts us on track to have $25 trillion in total debt at the end of ten years, another almost $10 trillion in debt headed to the current debt level. so insofar as i can see, that tax-and-spend policy remains his goal today. the white house isn't planning to raise taxes to reduce the deficit, raise taxes under their plan to expand government. and that's not -- i don't believe congress will accept...
116
116
Nov 24, 2012
11/12
by
FBC
tv
eye 116
favorite 0
quote 0
tax giving tax cuts to people --out melissa: talking about raising a taxes, i agreegr with you. we have to have people investing, buying, so raising taxes on anyone is then super i crazy. >> yeah, buts if you take tax increases on people spendingss less because they already got af whole bunch of money and investing in ways to get people who do not have as much to spend more, that's efficient. that makes sense. go ahead.ney. melissa: rich people spend a lot of money. >> they have the money, they are spending it.they they will not spend less because they have a marginal tax rate increase. it's not like all the sudden, you know, bloomberg or romney says we can't go to dinner next week. they will still spend money. it's a matter of saying how doho we get people who are not at that level to have conditions where th can spend. melissa: in the 80s, they lower tax rates issue and revenues go up, and revenues, 1981 to 1988, from $599 billion to $909 # billion. i'm just saying if the problem's revenue and you want more money in treasury, there seems that's a period of time we did it ti de
tax giving tax cuts to people --out melissa: talking about raising a taxes, i agreegr with you. we have to have people investing, buying, so raising taxes on anyone is then super i crazy. >> yeah, buts if you take tax increases on people spendingss less because they already got af whole bunch of money and investing in ways to get people who do not have as much to spend more, that's efficient. that makes sense. go ahead.ney. melissa: rich people spend a lot of money. >> they have the...
SFGTV2: San Francisco Government Television
84
84
Nov 26, 2012
11/12
by
SFGTV2
tv
eye 84
favorite 0
quote 0
we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here from oakland cut -- oakland, i saw those cars in the ordinary lanes. one person per car. you have this one person with all this steel and plastic and oil. it is ridiculous. we're figuring out ways to do that. whether it is high speed rail or electric cars. the first will be rolling off the factory in treatments in the next few months -- in three months and in the next few months. yes, the innovative companies are small. the electric cars -- the tanks are small but so is fairchild or in tal or hewlett-packard -- intel or hewlett-packard or steve jobs. the seats we plan
we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here...
107
107
Nov 25, 2012
11/12
by
CSPAN
tv
eye 107
favorite 0
quote 0
there were tax cuts for the rich and tax cuts for the middle class. we want to give the middle class a shot for success as the economy is recovering. the gap between rich and poor in this country has never been greater. we need to find ways to create more balanced. we are fighting to say, less than have -- let's go back to the tax rate we had in the clinton era. when you are talking about marginal tax rates for those who are making above $250,000 -- the bottom line in california is not about pensions. california has passed do revenue from the recent election to try to get money back into schools. you are right that in a public education system, parents should not be asked to subsidize each and every day. that is what is happening in lots of places. i have seen across the country how parents are being axed. it would be better -- i have seen across the country how parents are being asked. there has to be transparency and there has to be accountability in terms of what the money is used for. thes go in and looked at well-rounded education kids have in pr
there were tax cuts for the rich and tax cuts for the middle class. we want to give the middle class a shot for success as the economy is recovering. the gap between rich and poor in this country has never been greater. we need to find ways to create more balanced. we are fighting to say, less than have -- let's go back to the tax rate we had in the clinton era. when you are talking about marginal tax rates for those who are making above $250,000 -- the bottom line in california is not about...
145
145
Nov 24, 2012
11/12
by
CNNW
tv
eye 145
favorite 0
quote 0
many of you count on your income tax refunds to pay off this holiday debt. if we go over that cliff, taxes go up an average of 3,500 a household, that refund is going to be a lot smaller. you won't have that tax refund to pay for all the stuff you don't need right now. the encouraging news, you're not taking the warnings lightly. the national retail federation says about 2/3 of shoppers say the fiscal cliff will affect their holiday spending. that's good. you've gotten the message. and it looks like congress may be getting the message, too. a deal to avert the fiscal cliff is looking more likely. it is. but i've been disappointed by this congress before. millions of americans are counting on you, congress, to save their jobs and their financial futures. do it. we'll all be celebrating like scrooge on christmas morning.
many of you count on your income tax refunds to pay off this holiday debt. if we go over that cliff, taxes go up an average of 3,500 a household, that refund is going to be a lot smaller. you won't have that tax refund to pay for all the stuff you don't need right now. the encouraging news, you're not taking the warnings lightly. the national retail federation says about 2/3 of shoppers say the fiscal cliff will affect their holiday spending. that's good. you've gotten the message. and it looks...
127
127
Nov 24, 2012
11/12
by
FBC
tv
eye 127
favorite 0
quote 0
we will not see it unless we raise taxes. >> of course, you don't get growth if you raise tax rates. california and other states the top rate is approaching 50% of business has as much incentive to fire somebody to get a lower cost than to hire somebody to create revenue. hik experi extemporaneous experimentment, california bringing tax levels will we see california aztek merionthe a the coal mine when it comes3 to economic growth in the an ability to support thefleein ever-growing government? >> it is a microcosm what happens to countries that raise their tax rates and entrepreneurs we and welfared recipients come in and there is the unsustainable state of affairs. need while they destroy silicon valley with ultimately our potential. angling foer that everybody is singling for green subsidies and it is a tragedy. >> and the money that hasby this been spent as venture money like solyndra has beendisastrou. disastrous. >> they are a stultifying to dea turn people into a than him uppt blubbering idiot t. >> he now wants us to support him rather than support the country. lou: he is bein
we will not see it unless we raise taxes. >> of course, you don't get growth if you raise tax rates. california and other states the top rate is approaching 50% of business has as much incentive to fire somebody to get a lower cost than to hire somebody to create revenue. hik experi extemporaneous experimentment, california bringing tax levels will we see california aztek merionthe a the coal mine when it comes3 to economic growth in the an ability to support thefleein ever-growing...
117
117
Nov 22, 2012
11/12
by
CSPAN
tv
eye 117
favorite 0
quote 0
it looks like a tax, it acts like a tax, it is a tax and congress can do it. host: next is from maryland on the independent line. caller: good morning, i have a statement and a question. i notice that the perception of black man might be a little old. many of us are manipulated by the media. i know this when i am even watching c-span when i hear individuals with an african- american cadence, these particular callers get screened. you rarely hear an intelligent black male on c-span. host: we get a lot of callers and we want to hear from all callers. did you have a question? caller: what is your plan to advance the black agenda? we know that black america and the inner cities have been neglected more than occasionally, academically and otherwise. what is the prescription to fix that? guest: i'm the wrong one to ask that question. i think there is a need for improvement in education and better funding and better standards. president obama is quite interested in that subject but is not a subject that gets into the courts and gets decided as a legal issue. i don't
it looks like a tax, it acts like a tax, it is a tax and congress can do it. host: next is from maryland on the independent line. caller: good morning, i have a statement and a question. i notice that the perception of black man might be a little old. many of us are manipulated by the media. i know this when i am even watching c-span when i hear individuals with an african- american cadence, these particular callers get screened. you rarely hear an intelligent black male on c-span. host: we get...
47
47
Nov 21, 2012
11/12
by
CNBC
tv
eye 47
favorite 0
quote 0
i mentioned the tax issues. >> the tax issues people have shown that they don't care about it. we have seen it. people still don't change the buying habits yet. >> my point. >> you like the samsung. >> and i own google. it is the closest to creating its own ecosystem to the likeness of the apple. they are every place. they give you so many choices. you don't have the one stop shopping with the iphone. you get the phones and everything else that comes along with it. >> everything else? search is the biggest thing. self drive car. >> look at those legs. >> i have great legs. >> that was a few years before. >> now you can really lift the packages. >> it's a family show. >> i meant packages. >> it's a family show. put a ribbon on that. >>> jane wells joins us with a look at what is going on next. >> nice package, guy. we are going to talk poker, football and if people left their hearts in san francisco where did they leave their brains? we will find out after the break. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to pr
i mentioned the tax issues. >> the tax issues people have shown that they don't care about it. we have seen it. people still don't change the buying habits yet. >> my point. >> you like the samsung. >> and i own google. it is the closest to creating its own ecosystem to the likeness of the apple. they are every place. they give you so many choices. you don't have the one stop shopping with the iphone. you get the phones and everything else that comes along with it....
160
160
Nov 26, 2012
11/12
by
FBC
tv
eye 160
favorite 0
quote 0
let's have income tax, 15%, gift taxes, 15%, let's make sure that warren buffett finally starts paying at least as much as his secretary, in the percentage, and, what has been proposed, here, by the president, will not have warren buffett paying the same as his secretary, in percentage. let's have a flat tax, lou. let's take the president at his word. if you make more you will pay more and this is the only way that that is going to happen. >> lou: you know i believe the speaker boehner, perhaps the president himself may have been talking to you, talking to steve forbes and others who talked about the possibility of reforming the entire tax code. that could -- >> this is a great time. you know, the kind of time... and, not only that, let's don't forget the last time that the senate had a budget, it was when harry reid worked with his friend, speaker pelosi and nobody in the 2008 budget complained that it wasn't spending enough money. let's go back to 2008. $2.5 trillion, and cuts off a trillion in spending, right there. >> lou: there are all sorts of ways to get there, as you suggest he
let's have income tax, 15%, gift taxes, 15%, let's make sure that warren buffett finally starts paying at least as much as his secretary, in the percentage, and, what has been proposed, here, by the president, will not have warren buffett paying the same as his secretary, in percentage. let's have a flat tax, lou. let's take the president at his word. if you make more you will pay more and this is the only way that that is going to happen. >> lou: you know i believe the speaker boehner,...
220
220
Nov 27, 2012
11/12
by
KQED
tv
eye 220
favorite 0
quote 0
barring action by congress, americans will be forced through a series of automatic tax increases and spending cuts at the end of this year. it is what is known here as falling off the fiscal cliff. despite warnings, the global consequences -- and the global consequences of falling off that cliff, can washington he managed -- can washington manage it? thank you for joining me. the markets are looking in america and wondering whether politicians will be able to avoid this fiscal cliff. are things headed that way? but i think eventually they will. the good news -- >> i think eventually they will. the good news is that it is more like a fiscal beach. it is not like the debt ceiling. it is not a sudden that situation. there is a bit more flexibility. but one of the issues emerging is what the attitude of richer americans will be and whether they will accept the need to pay higher taxes. you probably read, as i did today, a very interesting op-ed by warren buffett, who points out that early in his career in the 1950's and 1960's when he was making a lot of money, the tax rate was many time
barring action by congress, americans will be forced through a series of automatic tax increases and spending cuts at the end of this year. it is what is known here as falling off the fiscal cliff. despite warnings, the global consequences -- and the global consequences of falling off that cliff, can washington he managed -- can washington manage it? thank you for joining me. the markets are looking in america and wondering whether politicians will be able to avoid this fiscal cliff. are things...
167
167
Nov 22, 2012
11/12
by
CNNW
tv
eye 167
favorite 0
quote 0
it's with a wealth tax of 1.5%. to me the most important issue is to deal with the wealth inequality in this country which is it much more severe than the income inequality in this country. it's getting worse. it's been getting worse for the last 20 years. and the only countries in the world that have let's say more than $10 million people in them where it's cloe close to how bad it is in this country are all in africa and latin america. >> so we're not necessarily talking about someone who works really hard, an entrepreneur works really hard. you're talking about the people who initially are going to get, teresa heinz kerry, warren buffett, people who have massive amounts of money. they're hit the hardest, right? >> absolutely. the proposal i wrote had an exemption for households up to $500,000 in wealth that, is exempting 80% of american households right there. >> how did you draw that line? i can imagine there is all kinds of cheating that is going to happen around that line. or even on the bentley. people are go
it's with a wealth tax of 1.5%. to me the most important issue is to deal with the wealth inequality in this country which is it much more severe than the income inequality in this country. it's getting worse. it's been getting worse for the last 20 years. and the only countries in the world that have let's say more than $10 million people in them where it's cloe close to how bad it is in this country are all in africa and latin america. >> so we're not necessarily talking about someone...
157
157
Nov 28, 2012
11/12
by
CURRENT
tv
eye 157
favorite 0
quote 0
bush, he created a tax break for suvs. so we should extend the one that we have for electric cars which actually benefit the planet. we need tax credits for these early electric vehicles until the price of making an electric vehicle comes down to the price for making a regular old gasoline-powered internal combustion engine. not a permanent commitment. don't get your pants in a wad. but a glide path to energy independence, to jobs, to national security, to reducing climate change. anti-obama partisans and those who are beholden to the oil industry you need to get over it. get over the election. get over it, rush limbaugh. support american products and american jobs. get over it! get over it, neil cavuto, support the great manufacturing sector. quit aiding and abetting our economic competitors. they're lapping this up. start aiding and abetting our economic growth. the progress in electric cars is a true, american success story and those who want general motors or electric vehicles to fail they are motivated by nothing but
bush, he created a tax break for suvs. so we should extend the one that we have for electric cars which actually benefit the planet. we need tax credits for these early electric vehicles until the price of making an electric vehicle comes down to the price for making a regular old gasoline-powered internal combustion engine. not a permanent commitment. don't get your pants in a wad. but a glide path to energy independence, to jobs, to national security, to reducing climate change. anti-obama...
229
229
Nov 23, 2012
11/12
by
MSNBCW
tv
eye 229
favorite 0
quote 0
taxes, that challenge is going to be to find a way to increase taxes on the wealthy. to increase taxes on higher earners without increasing the rate. that would be a win win for both sides. the question is, how do you do that? one option, to potentially roll back tax breaks that wealthier americans and corporations are given. they're batting a couple of ideas around. one thing that is giving folks hope, the fact that house speaker john boehner and eric cantor seem to be working more in lock step now than they were during the summer of 2011. if that holds, it really could help the house of representatives to get on 3w0rd of some type of idea. >> we've heard from chairman bernanke and others. how much of a factor will the fed and the ceos of all these major companies be as we get closer to this major deadline? >> one of the questions is how do people react where all these tax increase, all these spending cuts take effect. if there's no deal in the middle of december, say, do we start to see some real impacts? do companies start slowing their capital spending plans, do t
taxes, that challenge is going to be to find a way to increase taxes on the wealthy. to increase taxes on higher earners without increasing the rate. that would be a win win for both sides. the question is, how do you do that? one option, to potentially roll back tax breaks that wealthier americans and corporations are given. they're batting a couple of ideas around. one thing that is giving folks hope, the fact that house speaker john boehner and eric cantor seem to be working more in lock...
226
226
Nov 23, 2012
11/12
by
FBC
tv
eye 226
favorite 0
quote 0
for republicans that means revenue through tax reform. for democrats that means entitlement and spending changes and unions are saying no way to any type of changes for medicare, medicaid and social security, launching a lobbying and ad campaign targeting democratic and republican lawmakers in pennsylvania, missouri, virginia and releasing a statement saying we cannot cut our way to job creation. balance the budget at the expense of the middle class and destroy programs that provide economic security for millions of americans. one conservative says these groups that telling the president what he already believes. >> he likes the read transfer of income from one group to another under government control. he is for that. he did not fix the unsustainable entitlement programs. >> we are early in the negotiating process and democrats have shown a willingness to discuss and unchangeds which makes these labor unions nervous. dave: even though retail sales were down our next guest says we will see an improvement in holiday season sales this year.
for republicans that means revenue through tax reform. for democrats that means entitlement and spending changes and unions are saying no way to any type of changes for medicare, medicaid and social security, launching a lobbying and ad campaign targeting democratic and republican lawmakers in pennsylvania, missouri, virginia and releasing a statement saying we cannot cut our way to job creation. balance the budget at the expense of the middle class and destroy programs that provide economic...
105
105
Nov 22, 2012
11/12
by
CNNW
tv
eye 105
favorite 0
quote 0
. >> you can increase the estate and gift tax with a wealth tax of 1.5%. it should be graduated and progressive. the most important issue is to deal with wealth inequality. which is much more severe. getting worse, getting worse for the last 20 years, and the only countries in the world that have more than 10 million people, close to how bad it is, in this country are all in africa and latin america. >> we're not necessarily talking about someone who works really hard, an entrepreneur that works hard, you are talking about the people initially -- teresa heinz kerry, warren buffett, that's who will be hit the hardest? >> absolutely. the proposal had an exemption of proposals with up to $500,000 in wealth. that exempts most households right there. >> how did you draw that line? even on the bentley, people will say it has dents and it's not worst much. how do you have that? >> we have a lot of cheating with income tax and with a wealth tax, i'm sure people would try to cheat on that as well. we might have to have high slightly higher rates. but fighting wealt
. >> you can increase the estate and gift tax with a wealth tax of 1.5%. it should be graduated and progressive. the most important issue is to deal with wealth inequality. which is much more severe. getting worse, getting worse for the last 20 years, and the only countries in the world that have more than 10 million people, close to how bad it is, in this country are all in africa and latin america. >> we're not necessarily talking about someone who works really hard, an...
106
106
Nov 27, 2012
11/12
by
CSPAN
tv
eye 106
favorite 0
quote 0
cuts to 98% of tax players -- payers and should not hold those tax cuts hostage to an insistence that millionaires and billionaire the top 2% of america's taxpayers have to have a tax cut to. over the past couple of years, that segment of the american populous has done very well at a time when the middle class has been squeezed. i don't see a contradiction here. i see, you know, distinct challenges that are related and the president is very committed to the proposition that we can deal with these challenges if we come together in a -- and adopt a balanced approach. >> quick followup on that, every signal we've goten from the hill, including out here on the driveway after the last meeting with the president and also from you just said, essentially the fiscal cliff and a longer term package on tet and tax reform are combined. they're going to happen at once. when durbin says we have to deal with the fiscal cliff but not entitlements, doesn't the president have to win over members of his party and say, call it what you want, we're doing this and they are on the teable. >> it's hard for m
cuts to 98% of tax players -- payers and should not hold those tax cuts hostage to an insistence that millionaires and billionaire the top 2% of america's taxpayers have to have a tax cut to. over the past couple of years, that segment of the american populous has done very well at a time when the middle class has been squeezed. i don't see a contradiction here. i see, you know, distinct challenges that are related and the president is very committed to the proposition that we can deal with...
83
83
Nov 22, 2012
11/12
by
CSPAN2
tv
eye 83
favorite 0
quote 0
we do have obviously a gross tax rate and net tax rate. so i think you need to broaden the base, but you have to look at the rate. the other topic is repatriation of funds. again, i'll use her example. suppose stockholm's stock exchange will celebrate the 105th the year anniversary february next year. so we make a dollar in stock that is taxed in stockholm and for us to bring that money home to invest in the states would be taxed again. we are not going to do that. it's not going to happen so that creates the action where the logical action where we make sure that we make that an invest but it's not a coincidence the last three acquisitions we have done from companies domiciled outside the u.s. and were able to use what we call our trapped cash. so you need to have some sensible coming in now, adjustment to the policy. >> a different kind of question with an event in new york last week, the clearinghouse event and there is a lot of wringing of hands about the reputation around wall street. a lot of banks, a lot of other people on wall stre
we do have obviously a gross tax rate and net tax rate. so i think you need to broaden the base, but you have to look at the rate. the other topic is repatriation of funds. again, i'll use her example. suppose stockholm's stock exchange will celebrate the 105th the year anniversary february next year. so we make a dollar in stock that is taxed in stockholm and for us to bring that money home to invest in the states would be taxed again. we are not going to do that. it's not going to happen so...
237
237
Nov 22, 2012
11/12
by
CURRENT
tv
eye 237
favorite 0
quote 0
you are a tax-paying citizen. you are contributing and giving back, and, you know, maybe there's a lesson there for others who are contemplating just for everybody who is watching as i mentioned i commuted almost 200 sentences, only one person of those 2 00 has recidivated, and that was some guy stealing a pig trough in a barn, and all of the rest are out there, and working, and trying -- trying to live, and it's much better than paying $35,000 a year keeping them in prison. joining us in "the war room." up next we have seen how individuals can pick up the pieces in the face of tragedy and loss. at cepacol we've heard people are going to extremes to relieve their sore throats. oh, okay, you don't need to do that. but i don't want any more of the usual lozenges and i want new cooling relief! ugh. how do you feel? now i'm cold. hmm. this is a better choice. new cepacol sensations cools instantly, and has an active ingredient that stays with you long after the lozenge is gone. ahhh. not just a sensation sensational r
you are a tax-paying citizen. you are contributing and giving back, and, you know, maybe there's a lesson there for others who are contemplating just for everybody who is watching as i mentioned i commuted almost 200 sentences, only one person of those 2 00 has recidivated, and that was some guy stealing a pig trough in a barn, and all of the rest are out there, and working, and trying -- trying to live, and it's much better than paying $35,000 a year keeping them in prison. joining us in...
238
238
Nov 28, 2012
11/12
by
CSPAN2
tv
eye 238
favorite 0
quote 0
and not a taxing problem. we've got to make significant changes in these programs to make our federal entitlements sustainable and in line with the day's demographics. and we need democrats to join us in that effort. just to put a fine point on all that, madam president, i want to just mention what the, again, the nonpartisan congressional budget office's report which was issued on november 12 of this year, just a couple of weeks ago said -- and i quote -- "with the population aging and health care costs per person likely to keep growing faster than the economy, the united states cannot sustain the federal spending programs that are now in place." that's from the congressional budget office. the president's own fiscal commission, the simpson-bowles commission noted in its official report, and i quote again, "federal health care spending represents our single largest fiscal challenge over the long run." earlier this month "the washington post" in its editorial board said, and i quote again, "entitlement reform
and not a taxing problem. we've got to make significant changes in these programs to make our federal entitlements sustainable and in line with the day's demographics. and we need democrats to join us in that effort. just to put a fine point on all that, madam president, i want to just mention what the, again, the nonpartisan congressional budget office's report which was issued on november 12 of this year, just a couple of weeks ago said -- and i quote -- "with the population aging and...
131
131
Nov 22, 2012
11/12
by
CNNW
tv
eye 131
favorite 0
quote 0
tax the rich? no, tax the wealthy. wealth is something you build over time. shows itself in the forms of superexpensive assets. mansions, boats, expensive wine. 41 days from the fiscal cliff and bitter partisan deadlock, we want to test drive another idea, where the wealthy would pay more, but tax rates on people who work might not go up. is this the buff rhett rule really should have been? we have david altman, and daniel, great to see you. what is amazing to me, reading your proposal here, that would tax the wealthy as opposed to the rich, it's against the constitution right now to tax wealth in this country. >> that's right. can't have a direct tax like that. we needed a constitutional amendment to get the income tax back, so we need another amendment. it's 100 years later, let's update for the 21st century. >> i want to change the voting day. i'm all for it. let's break down your math. if we taxed wealth, where people accumulate over time. 2010, 58 trillion dollars. if you put 1.5% tax, $870 billion. that's a lot of money. more than we got on income tax t
tax the rich? no, tax the wealthy. wealth is something you build over time. shows itself in the forms of superexpensive assets. mansions, boats, expensive wine. 41 days from the fiscal cliff and bitter partisan deadlock, we want to test drive another idea, where the wealthy would pay more, but tax rates on people who work might not go up. is this the buff rhett rule really should have been? we have david altman, and daniel, great to see you. what is amazing to me, reading your proposal here,...
115
115
Nov 21, 2012
11/12
by
FBC
tv
eye 115
favorite 0
quote 0
very little movement on tax rates next year. very little movement on spending generally a slight decrease. lou: no movement, are using the bush tax cuts will be allowed to expire? >> no. what i'm saying is that the bush tax cuts, but for a slight modification will persist in 2013. spending reductions, which were made by the forced sequester will not be made in the amount suggested and will be only modest, and it will be a reduction in spending it will be a modest reduction in the rate of increase in spending such the we will have a $1 trillion plus deficit next year. more of the same. lou: as always. >> thank you. lou: up next to illegal immigrants wants new privileges because, i hate to tell you, it looks like pandering is contagious. imagine that. and forget susan rice. not the plot -- the biggest problem with this administration we will demonstrate to you the gaping holes in the benghazi time line and some extraordinary coincidences in the patraeus time line in the "chalk talk"e e next. fotheir annual football trip. that's do
very little movement on tax rates next year. very little movement on spending generally a slight decrease. lou: no movement, are using the bush tax cuts will be allowed to expire? >> no. what i'm saying is that the bush tax cuts, but for a slight modification will persist in 2013. spending reductions, which were made by the forced sequester will not be made in the amount suggested and will be only modest, and it will be a reduction in spending it will be a modest reduction in the rate of...
161
161
Nov 27, 2012
11/12
by
MSNBCW
tv
eye 161
favorite 0
quote 0
they'll also be gone with the middle-class tax cuts. two years ago the republicans tried to hold the president hostage and said listen, if you don't give us the bush high-end tax cuts we're not giving you the middle-class tax cuts. the president ju jitsued that into a second stimulus. the president this time around has a little advantage. he can let all tax cuts expire on december 31st which is what democrats are advocating, first week in januariry when the congress comes back in, he can say, guys, we have 98% of the public i want to give tax cuts to right now, we can keep arguing about the top 2 but do this right now for the 98%. how come you're not with me on this? that's i think is a card for him to play heavy and gives him an advantage over the spending cuts and debt ceiling issues that will come up. >> justin, let's talk a little bit about the effects of a tax cut for high-income earners on the economy. there is this supposition, in fact i would call it bedrock republican philosophy economically speaking if you cut rates for top ea
they'll also be gone with the middle-class tax cuts. two years ago the republicans tried to hold the president hostage and said listen, if you don't give us the bush high-end tax cuts we're not giving you the middle-class tax cuts. the president ju jitsued that into a second stimulus. the president this time around has a little advantage. he can let all tax cuts expire on december 31st which is what democrats are advocating, first week in januariry when the congress comes back in, he can say,...
82
82
Nov 29, 2012
11/12
by
FBC
tv
eye 82
favorite 0
quote 0
raising more taxes? people are fleeing this city as it is. >> what happened to vallejo, the first california city to go bankrupt in 2008. they actuall did raise taxes. along with that, they told citizens they could decide where the taxes went. so you may see a similar situation in places like san bernardino. tell you, melissa. it will not be the last one. pensions for local government are only 50% funded at this point. you have the situation going on across the state. melissa: you have the situation going on where there are just these liabilities there is no way to pay down the line, right, aaron? isn't that the real problem? >> well the problem is, the local governments, state government has been making promises they can't keep. really not fault of employees or frankly labor unions who will ask all they can get. it is fault of politicians who make the promises without setting aside money to pay for them. state level and municipalities we're paying more a mor money to pensions and retiree health care ben
raising more taxes? people are fleeing this city as it is. >> what happened to vallejo, the first california city to go bankrupt in 2008. they actuall did raise taxes. along with that, they told citizens they could decide where the taxes went. so you may see a similar situation in places like san bernardino. tell you, melissa. it will not be the last one. pensions for local government are only 50% funded at this point. you have the situation going on across the state. melissa: you have...
143
143
Nov 21, 2012
11/12
by
CSPAN
tv
eye 143
favorite 0
quote 1
it looks like a tax, it acts like a tax, it is a tax and congress can do it. host: next is from maryland on the independent line. caller: good morning, i have a statement and a question. i notice that the perception of black man might be a little old. many of us are manipulated by the media. i know this when i am even watching c-span when i hear individuals with an african- american cadence, these particular callers get screened. you rarely hear an intelligent black male on c-span. host: we get a lot of callers and we want to hear from all callers. did you have a question? caller: what is your plan to advance the black agenda? we know that black america and the inner cities have been neglected more than occasionally, academically and otherwise. what is the prescription to fix that? guest: i'm the wrong one to ask that question. i think there is a need for improvement in education and better funding and better standards. president obama is quite interested in that subject but is not a subject that gets into the courts and gets decided as a legal issue. i don't
it looks like a tax, it acts like a tax, it is a tax and congress can do it. host: next is from maryland on the independent line. caller: good morning, i have a statement and a question. i notice that the perception of black man might be a little old. many of us are manipulated by the media. i know this when i am even watching c-span when i hear individuals with an african- american cadence, these particular callers get screened. you rarely hear an intelligent black male on c-span. host: we get...
75
75
Nov 21, 2012
11/12
by
FBC
tv
eye 75
favorite 0
quote 0
you talked about increasing revenue in the simplification of the tax code. that sounds like closing loopholes but not raising marginal rates which still feels li it is the hill the democrats are willing to die on. >> i think it would be a mistae for them to take an extreme position that they would hold the economy hostage to a higher tax rates. in truth they will hurt the economy and it is not a serious deficit proposal. higher taxes the president proposes only pay for seven days or eight days of washington spending. economic growth, for example, returning to the revenue of 2009 will cut our deficit in half. so if you cuple that with real spending cuts, authentic spending cuts you really have us headed back toward a balanced budget. and if we focus on how we find a bipartisan way to solve the social security and medicare, that is a signal to investors that we have the right track. melissa: so if they came out and said they were willing to do something real to cut spending, especially wen you come to entitlements, would you be willing to then go back and revi
you talked about increasing revenue in the simplification of the tax code. that sounds like closing loopholes but not raising marginal rates which still feels li it is the hill the democrats are willing to die on. >> i think it would be a mistae for them to take an extreme position that they would hold the economy hostage to a higher tax rates. in truth they will hurt the economy and it is not a serious deficit proposal. higher taxes the president proposes only pay for seven days or eight...
147
147
Nov 26, 2012
11/12
by
KNTV
tv
eye 147
favorite 0
quote 0
the use of tax havens to avoid paying taxes in this country is an outrage. we can end it. there's tens of billions of dollars a year involved in closing those kinds of offshore loopholes. >> i'm going to leave it there. senator levin, thank you for being here. hope you had a good holiday. >>> i want to turn to the republican side. peter king of new york. congressman, hope you had a good holiday. good to see you this morning. >> i had a great holiday, especially because notre dame beat southern cal. >> my poor step dad. he is not so happy this morning. >> i don't care about him. >> let me continue on the issue of taxes because this is important. and as i say, it's going to be the defining issue. you hear republican saxby chambliss say it's not going to govern what i do. norquist saying he promised the people of georgia that he would reform the government rather than raise taxes. where do you stand on the pledge? can this be overcome? with revenues be raised? >> first of all, i agree with chambliss. a pledge you signed 20 years ago, 18 years ago, is for that congress. for in
the use of tax havens to avoid paying taxes in this country is an outrage. we can end it. there's tens of billions of dollars a year involved in closing those kinds of offshore loopholes. >> i'm going to leave it there. senator levin, thank you for being here. hope you had a good holiday. >>> i want to turn to the republican side. peter king of new york. congressman, hope you had a good holiday. good to see you this morning. >> i had a great holiday, especially because...
157
157
Nov 21, 2012
11/12
by
FBC
tv
eye 157
favorite 0
quote 0
nicole: just thinking about a state tax. if you die better the next year, let's talk about scatter, popular footwear. the financial group raising their ratings on the issuemaker. they talked earlier that the stock was ahead of the fundamentals and they are changing their tune and that is why you are seeing the stock up 12% so they upgraded the positive from neutral, talking about momentum continuing to increase across their product categories heading into 2013. this is good news and they are beginning to see the modest outperforming in the current quarter and a good outlook for 2013. and an up arrow over $2 to the upside. cheryl: thank you very much. see you soon. a terror attack in israel. obama on a bus in tel of the. reports of the cease-fire may be imminent. first as we go to break with the world's currencies. the u.s. dollar. cheryl: breaking news. as the muddling fox news to expect israel to announce a unilateral cease-fire late tonight or early tomorrow. this from fox's lehman from southern israel. >> almost sounds li
nicole: just thinking about a state tax. if you die better the next year, let's talk about scatter, popular footwear. the financial group raising their ratings on the issuemaker. they talked earlier that the stock was ahead of the fundamentals and they are changing their tune and that is why you are seeing the stock up 12% so they upgraded the positive from neutral, talking about momentum continuing to increase across their product categories heading into 2013. this is good news and they are...
99
99
Nov 28, 2012
11/12
by
CSPAN2
tv
eye 99
favorite 0
quote 0
when he took tax tax reform. we have to have people who have done so well during this difficult time we've had. the richest of the rich have to pay a little bit more to solve financial problems in this country. [inaudible conversations] >> now the senate republican leader, mitch mcconnell. he also spoke to leaders of the c. in any event should include changes to entitlement programs. >> at afternoon, everyone. as we head into the fiscal cliff negotiations, my advice to the president with eocene friends on the other side have difficulty turning off the campaign. we need to sit down and work this matter out. i think we have a clear sense there is an opportunity at the end of the year to do something important for the country. we all know that the most critical steps to be taken are to save the entitlements, which are on an unsustainable path to bankruptcy. there's no better time to begin to fix that problem right now. so i would hope our friends on the other side can turn off the campaign and get into a cooperative
when he took tax tax reform. we have to have people who have done so well during this difficult time we've had. the richest of the rich have to pay a little bit more to solve financial problems in this country. [inaudible conversations] >> now the senate republican leader, mitch mcconnell. he also spoke to leaders of the c. in any event should include changes to entitlement programs. >> at afternoon, everyone. as we head into the fiscal cliff negotiations, my advice to the president...
172
172
Nov 27, 2012
11/12
by
MSNBCW
tv
eye 172
favorite 0
quote 0
the typical middle-class family with two children would see a $2200 tax increase next year if the tax cuts are not extended. that will hit their pocketbook. that would reduce consumption by 1.7 percentage points and reduce gdp growth by 1.4 percentage points and would be a big hit to retailers. we calculate that about $200 billion less would be spent next year than would otherwise be the case if the tax cuts for the middle class are not extended. and just to put that in perspective, that's about four times as much as spent over black friday weekend. >> why isn't there more action? we don't see the leaders coming to the hill, we don't see any meetings. what is going on perhaps behind the scenes because mitch mcconnell, among others, critics of the president, of course, were saying where is the presidential engagement. why is he going out to the public and continuing a political campaign to drum up support and not engaging one on one, meeting with the leaders again? >> well, the president has been very much engaged in these issues and he's been engaged for the last several years. he's m
the typical middle-class family with two children would see a $2200 tax increase next year if the tax cuts are not extended. that will hit their pocketbook. that would reduce consumption by 1.7 percentage points and reduce gdp growth by 1.4 percentage points and would be a big hit to retailers. we calculate that about $200 billion less would be spent next year than would otherwise be the case if the tax cuts for the middle class are not extended. and just to put that in perspective, that's...
177
177
Nov 24, 2012
11/12
by
FBC
tv
eye 177
favorite 0
quote 0
let's have income taxes at 15%, gift taxes at 15%. let's make sure that warren buffett probably starts paying not just like a secretary, a proper percentage. what has been proposed will not have warren buffett paying this percentage. let's have a flat tax. take him at his word and if you make more common you will pay more, not the only way it will happen. lou: the president himself may have been talking to you or steve forbes. >> this is a great time. not only that, let's not forget that the last time that the senate had a budget is when harry reid worked with his friend, and nobody in the 2008 budget complained that they weren't spending enough money. that cuts out a trillion in spending right there. are you concerned about the time that they had taken have taken on this first day of the discussion? >> i was not hopeful that the president's tone. [talking over each other] [talking over each other] lou: are you being partisan here? >> i am not being partisan. i am being objective when i say that the president pays 1.6 trillion in new
let's have income taxes at 15%, gift taxes at 15%. let's make sure that warren buffett probably starts paying not just like a secretary, a proper percentage. what has been proposed will not have warren buffett paying this percentage. let's have a flat tax. take him at his word and if you make more common you will pay more, not the only way it will happen. lou: the president himself may have been talking to you or steve forbes. >> this is a great time. not only that, let's not forget that...
51
51
Nov 21, 2012
11/12
by
CNBC
tv
eye 51
favorite 0
quote 0
i think we all know there will be increased taxes on dividends, almost a 300% increase in that. as a result, a number of companies have taken cash they've got on hand anden just sent it to their shareholders, as perhaps well they should. but it means there are some opportunities out there. i'd suggest that people look at those companies that really have really, really high quick ratios, then take advantage of that and perhaps they will be one of those that will issue those. >> main names, randy. which ones? >> there's a variety. we've already structured our portfolio, decided to take advantage of it. but there are so many imtangi e intangibles in this economy. it's got more erratic natures than my golf swing does. with that we are trinding to find those companies that will have lasting demand for their product and are really centering those in a lot of the ag sectors, those companies that will benefit from the growth of the world population and the diminution of arable land is taking place year after year. >> i can interject on that point? then why do you think deere, the world'
i think we all know there will be increased taxes on dividends, almost a 300% increase in that. as a result, a number of companies have taken cash they've got on hand anden just sent it to their shareholders, as perhaps well they should. but it means there are some opportunities out there. i'd suggest that people look at those companies that really have really, really high quick ratios, then take advantage of that and perhaps they will be one of those that will issue those. >> main names,...
163
163
Nov 26, 2012
11/12
by
KGO
tv
eye 163
favorite 0
quote 0
. >>> back here at home, top republican lawmakers now say they'd be willing to break a no tax pledge to avoid the fiscal cliff. georgia senator saxby chambliss was among those on the sunday talk shows who said he'd be willing to reconsider raising taxes if democrats will cut spending. >> i will violate the pledge, long story short, for the good of the country only if the democrats agree to reform. >> the pledge signed 18 years ago is for that congress. the world has changed and the economic situation is different. >> now, congressional staffers met over the holiday weekend. and leaders intend to meet with the president this week. there are predictions it could be wrapped up before christmas. >> i like that optimism. >>> well, president obama is expected to announce this week a major reshuffling of his cabinet. u.n. ambassador susan rice will likely be the president's nominee to replace hillary clinton as secretary of state. on top of that, massachusetts senator john kerry is said to be the leading candidate to replace leon panetta at secretary of defense. >>> and we're also expected
. >>> back here at home, top republican lawmakers now say they'd be willing to break a no tax pledge to avoid the fiscal cliff. georgia senator saxby chambliss was among those on the sunday talk shows who said he'd be willing to reconsider raising taxes if democrats will cut spending. >> i will violate the pledge, long story short, for the good of the country only if the democrats agree to reform. >> the pledge signed 18 years ago is for that congress. the world has changed...
374
374
Nov 26, 2012
11/12
by
MSNBCW
tv
eye 374
favorite 0
quote 0
grover norquist's tax pledge could be history. and all eyes are now focusing on house republicans as talks to avoid going over that so-called fiscal cliff are picking up steam. joining me now, mark halperin, senior political analyst for "time" and msnbc and ruth marcus, columnist and editorial writer for the "washington post." to you, mark, what is your read about what we've been hearing the last couple of days about grover norquist, the pledge and how much running room the speaker does have to b negotiating a deal. >> i did a spit take with my fruity pebbles watching "morning joe" because eric cantor's tone was unlike anything i've ever heard. his office is saying oh, no, he's against raising marginal rates, but it's clear that in the scheme of things, the biggest piece is does john boehner have enough running room to strike a deal involving some new revenue. i still am of the belief that the vote in the house, which will be a cliff hanger no matter what happens amongst the leaders in the white house, it will be a tough vote. i t
grover norquist's tax pledge could be history. and all eyes are now focusing on house republicans as talks to avoid going over that so-called fiscal cliff are picking up steam. joining me now, mark halperin, senior political analyst for "time" and msnbc and ruth marcus, columnist and editorial writer for the "washington post." to you, mark, what is your read about what we've been hearing the last couple of days about grover norquist, the pledge and how much running room the...
154
154
Nov 28, 2012
11/12
by
KRON
tv
eye 154
favorite 0
quote 0
we would just have to pay higher taxes. we did before will do it again. it is very sad because there's not very good luck in washington. >> what are the corporations and the 1% of people preparing for? >> corporations are calling wall street's and they're basically stating that they will have to fire people as they do not compromise. we will see a slowdown in business activities and it is what to be expected because it is normal. we expect the worst and as far as corporations are concerned we saw a lot of dividends before the wal- mart family. wal-mart stated that they will pull for their dividends in january and they basically will pay higher taxes out early. >> there are a lot of family members who own shares. you may see apple pull theirs as well. >> let's talk a little about apple. they have a another shake-up. we did have a fiery and earlier and now there is a another one. >> this system for their maps are just not going right. the latest fall with apple is that their maps are huge. >> mobil's are very huge on maps. to me i still have my global maps
we would just have to pay higher taxes. we did before will do it again. it is very sad because there's not very good luck in washington. >> what are the corporations and the 1% of people preparing for? >> corporations are calling wall street's and they're basically stating that they will have to fire people as they do not compromise. we will see a slowdown in business activities and it is what to be expected because it is normal. we expect the worst and as far as corporations are...